If you’re a trader in the market, it’s essential to understand that time is your most valuable commodity. As a beginner, getting overwhelmed by all the information available about the market is easy. Don’t get paralyzed by...
This is a great tip because this is one of the keys to trading. It is the most logical approach but in the heat of battle, often the most difficult to implement. Master this and you will...
For many people, trading is seen as a way to make quick and easy money. However, this could not be further from the truth. In reality, trading is a complex endeavour that requires a great deal of...
How to Trade Support and Resistance Support and resistance lines are some of the most important price points for traders to look at when they are trying to figure out the market and how to trade it....
Trend Channels in Forex We can create trend channels in forex by drawing two lines at a similar angle and parallel as a downtrend or uptrend. Trend channels are another technical analysis tool that can fnd good...
What are Trend Lines in Trading? Trend lines are probably the most familiar and most used basic charting technique for technical analysis in trading. They are fundamental to technical analysis and about as accurate as any other...
For those involved in Forex trading, this is a catastrophe that most experienced . What I heard from many of you out there is that yesterday was a Bloody Friday . I am going to talk about...
In the earlier days of retail forex, the term “news trading” was widely used as the strategy was to put in orders before a data release, often on both sides of the market. This was in the...
New traders always want to know which time frame is the best for them to use for trading. It makes sense that people would want to know about this. After all, the more that we know about...
This is one of my favorite forex trading tips and the basis for much of my trading. The forex market is driven by a constant quest to run stops. This may be just my opinion but it is...
Trend traders, heads up! This indicator is for you. The indicator that we are looking at is known as the Guppy Multiple Moving Average or GMMA (Guppy) for short. This indicator is meant to not only identify...
Have you ever overridden your stop in the hope that your losing trade will come back to breakeven? Have you ever traded without a stop in the hope that there will be a mean reversion? Have you...